NOT LISTED FOR SALE

12 Bay View Terrace Newburgh, NY 12550

Estimated Value: $491,000 - $1,041,000

5 Beds
4 Baths
3,707 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $675,000 $182 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,032/month

36 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Wood Flooring
  • The property is located in a historic district
  • Cathedral Ceiling
  • Main Floor Bedroom

About This Home

As of January 2022

Gorgeous Stone & Brick Victorian with Breathtaking Panoramic River & Mountain Views! If you've been hoping to find that special, significant, Historic Newburgh home, this Frank Estabrook designed jewel is it - and has it all: the best views in the City, historical charm, architectural provenance, off-street parking and all of the modern updates you want. Extensively renovated/restored in 2012 w/new electric, plumbing, heating, a/c, roof, windows, kitchens, bathrooms, etc. The home is designed as a large owner residence (about 3,000 SF) with an attached studio apartment (with its own entrance & utilities - about 700SF). This fine home must be seen in person to be fully appreciated! Walking distance to waterfront, ferry/train, dining, entertainment, shopping, parks, etc. (48hrs min notice for showing requests please)

Last Agent to Sell the Property

Christopher Hanson

Hanson Real Estate Partners License #10491206766 Listed on: 07/25/2021

Last Buyer's Agent

Willie Wills

W R W Real Estate License #37WI0622992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,801

Year Built

  • Built in 1887 | Remodeled in 2012

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Fenced

Property Views

  • Water
  • Panoramic

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 3,707 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Formal Dining Room
  • Storage
  • Wood Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Instant Hot Water

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Patio
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • Ductless Heating Or Cooling System
  • 4 Heating Zones
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Water Heated By Indirect Tank

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 331100.048.000-0004-010.000/0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,801

Year Built

Built in 1887 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1887
  • Year Built Effective: 2012
  • Attribution Contact: 845-675-8380
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Interior Amenities: 1st Floor Bedrm, Cathedral Ceiling(s), Eat-in Kitchen, Formal Dining Room, Entrance Foyer, Legal Accessory Apartment, Master Bath, Pantry, Storage, Walk-In Closet(s)
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement: Full, Unfinished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 3707.00
  • Window Features: Skylight(s), ENERGY STAR Qualified Windows
  • Square Footage: 3707.00

Exterior Features

  • Construction Materials: Brick, Frame, Stone, Wood Siding
  • Fencing: Fenced
  • View: Panoramic, Water
  • Patio and Porch Features: Patio, Porch
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Ductless
  • Cooling: Yes
  • Heating: Natural Gas, Hot Water
  • Hot Water: Indirect Tank, On Demand
  • Heating Zones: 4
  • Security: Security System
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.1100
  • Lot Size Sq Ft: 5001.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100.048.000-0004-010.000/0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2022-01-26
  • Tax Annual Amount: 13801.00
  • Tax Map Number: 331100.048.000-0004-010.000/0000

Multi Family

  • Units Total: 2
  • 1 Bedrooms: 1
  • Four Bedrooms: 1
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Jan 11, 2022
Sold by
Robert M Dresser T M and Robert Dresser
Bought by
Hirsch Gretchen
Seller's Agent
Christopher Hanson
Hanson Real Estate Partners
Buyer's Agent
Willie Wills
W R W Real Estate
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Current Estimated Value
$791,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,933
Avg. Annual Appreciation
4.34%
Original Mortgage
$573,750
Outstanding Balance
$531,820
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$260,113

Purchase Details

Closed on
May 8, 2012
Sold by
Dresser Robert
Bought by
Robert M Dresser 20120 Trust

Purchase Details

Closed on
May 9, 2008
Sold by
Alle-Chris Llc
Bought by
Dresser Robert

Purchase Details

Closed on
Aug 31, 1999
Sold by
Gustaitis Peter I
Bought by
Guarino Alan C and Guarino Kathleen G
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hirsch Gretchen $675,000 Catic Title Ins
Hirsch Gretchen $675,000 Catic Title Ins
Hirsch Gretchen $675,000 Catic Title Ins
Robert M Dresser 20120 Trust -- Gregory Bradford
Robert M Dresser 20120 Trust -- Gregory Bradford
Dresser Robert $395,000 Daniel Bloom
Dresser Robert $395,000 Daniel Bloom
Guarino Alan C $12,000 --
Guarino Alan C $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirsch Gretchen $573,750
Closed Hirsch Gretchen $573,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $675,000 -3.4% $182 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $699,000 -- $189 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $22,640 $719,300 $67,400 $651,900
2023 $22,640 $685,000 $67,400 $617,600
2022 $22,138 $518,100 $29,700 $488,400
2021 $18,137 $388,800 $27,000 $361,800
2020 $15,152 $330,000 $27,000 $303,000
2019 $6,560 $330,000 $27,000 $303,000
2018 $6,560 $243,300 $31,700 $211,600
2017 $12,340 $243,300 $31,700 $211,600
2016 $12,700 $245,500 $31,700 $213,800
2015 -- $245,500 $31,700 $213,800
2014 -- $245,500 $31,700 $213,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6132222

OneKey® MLS

APN: 331100-048-000-0004-010.000-0000